Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
RANKIN ALFRED M ET AL
  2. Issuer Name and Ticker or Trading Symbol
NACCO INDUSTRIES INC [NC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) __X__ Other (specify below)
CEO / Group Member
(Last)
(First)
(Middle)
NACCO INDUSTRIES, INC., 5875 LANDERBROOK DRIVE, STE. 300
3. Date of Earliest Transaction (Month/Day/Year)
03/25/2008
(Street)

CLEVELAND, OH 44124
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 03/25/2008 03/25/2008 J(3)   4,678 D $ 0 0 I CTR 2008A GRAT/Trust (1)
Class A Common Stock 03/25/2008 03/25/2008 J(3)   4,678 A $ 0 7,761 I CTR - Trust (2)
Class A Common Stock 03/25/2008 03/25/2008 J(3)   106,924 A $ 0 114,685 I CTR - Trust (2)
Class A Common Stock 03/25/2008 03/25/2008 J(3)   24,056 D $ 0 0 I CTR 2008B GRAT/RAIV
Class A Common Stock 03/25/2008 03/25/2008 J(3)   24,056 A $ 0 138,741 I CTR - Trust (2)
Class A Common Stock 03/25/2008 03/25/2008 J(3)   67,350 A $ 0 206,091 I CTR - Trust (2)
Class A Common Stock 03/25/2008 03/25/2008 J(3)   9,503 A $ 0 144,948 I AMR - Trust - A (7)
Class A Common Stock 03/25/2008 03/25/2008 J(3)   9,503 D $ 0 0 I AMR 2008A GRAT/RAII (8)
Class A Common Stock 03/25/2008 03/25/2008 J(3)   28,521 D $ 0 0 I BTR 2008 GRAT/RAII (9)
Class A Common Stock 03/25/2008 03/25/2008 J(3)   28,521 A $ 0 28,521 I BTR - Trust - A
Class A Common Stock               38,599 I CRW - Trust (10)
Class A Common Stock               38,599 I HRB - Trust (10)
Class A Common Stock               30,000 I AMR/Trust (Unitrust) (11)
Class A Common Stock               4,684 I AMR - RAII (12)
Class A Common Stock               14,000 I AMR - IRA (13)
Class A Common Stock               6,040 I CRW - RAII (14)
Class A Common Stock               3,534 I BTR - RAII (15)
Class A Common Stock               20,443 I VGR - Trust (16)
Class A Common Stock               6,040 I HRB - RAII (14)
Class A Common Stock               2,115 I VGR - RAII (17)
Class A Common Stock               15,705 I BTR - RAIV (18)
Class A Common Stock               2,702 I AMR - RAIV (19)
Class A Common Stock               243 I CTR - RAIV (20)
Class A Common Stock               2,500 I CTR 2009A GRAT/Trust
Class A Common Stock               31,479 I BTR 2009 GRAT/RAII
Class A Common Stock               54,459 I CTR 2009B GRAT/RAIV
Class A Common Stock               10,497 I AMR 2009A GRAT/RAII

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Common Stock $ 0 (4) 03/25/2008 03/25/2008 J(3)     106,924   (4)   (4) Class A Common Stock 106,924 $ 0 0 I CTR 2008B GRAT - RAI (5)
Class B Common Stock $ 0 (4) 03/25/2008 03/25/2008 J(3)     67,350   (4)   (4) Class A Common Stock 67,350 $ 0 0 I CTR 2008B GRAT - RAIV (6)
Class B Common Stock (4) 03/25/2008 03/25/2008 J(3)   93,366     (4)   (4) Class A Common Stock 93,366 $ 0 93,366 I AMR - Trust - B
Class B Common Stock $ 0 (4) 03/25/2008 03/25/2008 J(3)     93,366   (4)   (4) Class A Common Stock 93,366 $ 0 0 I AMR 2008B GRAT/RAI
Class B Common Stock $ 0 (4)               (4)   (4) Class A Common Stock 113,198   113,198 I BTR 2009 GRAT/RAI (21)
Class B Common Stock $ 0 (4)               (4)   (4) Class A Common Stock 33,141   33,141 I AMR 2009B GRAT/RAI (22)
Class B Common Stock $ 0 (4)               (4)   (4) Class A Common Stock 7,566   7,566 I AMR - RAIV (19)
Class B Common Stock $ 0 (4)               (4)   (4) Class A Common Stock 680   680 I CTR - RAIV (20)
Class B Common Stock $ 0 (4)               (4)   (4) Class A Common Stock 43,969   43,969 I BTR - RAIV (18)
Class B Common Stock $ 0 (4)               (4)   (4) Class A Common Stock 7,000   7,000 I CTR 2009B GRAT (1)
Class B Common Stock $ 0 (4)               (4)   (4) Class A Common Stock 46,052   46,052 I AMR 2009B GRAT/Trust
Class B Common Stock $ 0               (4)   (4) Class A Common Stock 152,467   152,467 I CTR 2009B GRAT - RAIV

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
RANKIN ALFRED M ET AL
NACCO INDUSTRIES, INC.
5875 LANDERBROOK DRIVE, STE. 300
CLEVELAND, OH 44124
  X     CEO Group Member

Signatures

 /s/Constantine E. Tsipis, attorney-in-fact for Alfred M. Rankin, Jr.   03/27/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Represents shares which are held in a qualified annuity interest trust for the benefit of Clara LT Rankin.
(2) Reporting Person serves as Trustee of a Trust for the benefit of the Clara L.T. Rankin. Reporting Person disclaims beneficial ow nershp of all such shares.
(3) Transfer
(4) N/A
(5) Represents the proportionate limited partnership interest in Rankin Assoc I shares, which is held in a qualified annuity interest trust for the benefit of Clara LT Rankin.
(6) Represents the proportionate limited partnership interest in RA4 shares, which is held in a qualified annuity interest trust for the benefit of Clara LT Rankin.
(7) Reporting Person serves as Trustee of a Trust for the benefit of the Alfred M. Rankin, Jr.
(8) (GP)Represents the proportionate limited partnership interest in shares held by Rankin Associates IV, L.P. held by the Trust for the benefit of Reporting Person, as general partner.
(9) Represents the proportionate limited partnership interest in Rankin Associates II, which is held in a qualified annuity interest trust for the benefit of Bruce T. Rankin.
(10) Reporting Person serves as Trustee for a Trust held for the Benefit of Reporting Person's daughter. Reporting Person disclaims beneficial ownership of all such shares.
(11) Reporting Person serves as Trustee of the Clara T. Rankin Remainder Unitrust#2 u/a/d 1/5/77. Reporting Person disclaims benefic ial ownership of all such shares.
(12) Represents the Reporting Person's proportionate limited partnership interest in shares held by Rankin Associates II, L.P.
(13) Held in an Individual Retirement Account for the benefit of the Reporting Person.
(14) Represents the Reporting Person's daughter's proportionate limited partnership interest in shares held by Rankin Associate II, L.P., which is held in a trust for the benefit of the daughter. Reporting Person is the co-trustee of the Trust. Reporting Person disclaims beneficial ownership of all such shares.
(15) Represents the proportionate limited partnership interest in shares held by Rankin Associates II, L.P., which is held in a trust for the benefit of Bruce T. Rankin. Reporting Person serves as the Trustee of the Trust. Reporting Person disclaims beneficial ownership of all such shares.
(16) Reporting Person's spouse serves as Trustee of a Trust for the benefit of Victoire G. Rankin. Reporting Person disclaims benefic ial ownership of all such shares.
(17) Represents the Reporting Person's spouse's proportionate limited partnership interest in shares held by Rankin Associates II, L.P .. Reporting Person disclaims beneficial ownership of all such shares.
(18) (BTR RAIV) Represents the proportionate limited partnership interest in shares held by Rankin Associates IV, L.P., which is held in a trust for the benefit of Bruce T. Rankin. Reporting Person serves as the Trustee of the Trust. Reporting Person disclaims beneficial ownership of all such shares.
(19) Proportionate limited partnership interest in shares held by Rankin Associates IV, L.P.
(20) (CTR RAIV) Prepresents the proportionate limited partnership interest in shares held by Rankin Associates IV, L.P., which is held in a trust for the benefit of Clara Rankin. Reporting Person serves as the Trustee of the Trust. Reporting Person disclaims beneficial ownership of all such shares.
(21) Represents the proportionate limited partnership interest in shares held by Rankin Associates I, L.P., which is held is a trust for the benefit of Bruce T. Rankin. Reporting Person serves as the Trustee of the Trust. Reporting Person disclaims beneficial ownership of all such shares.
(22) Represents the Reporting Person's proportionate limited partnership interest in shares held by Rankin Associates I, L.P.
 
Remarks:
"Remark on Insider Relationship" - As a member of a "group" deemed to own more than 10% of an equity security as a result of being a party to a Stockholders' Agreement, dated as of March 15, 1990, beneficially owned by each of the signatories to such agreement (the "Agreement", the Reporting Person disclaims beneficial ownership of any such shares of Stock owned by any other signatory to the Agreement.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.